Outcome of Board Meeting - Audited Financial Results (Standalone and Consolidated) for the Quarter & Financial Year ended 31st March 2026 and recommendation of Final Dividend for FY 2025-26
NMDC · price
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NMDC Ltd reported strong financial performance for FY 2025-26 with standalone revenue from operations growing 33.3% to ₹31,553.70 crore from ₹23,668.32 crore in the previous year. Profit after tax increased 10.9% to ₹7,421.24 crore compared to ₹6,692.60 crore. The Board recommended a final dividend of ₹1 per share (on ₹1 face value), in addition to the ₹2.50 interim dividend already paid, totaling ₹3.50 per share for FY 2025-26. The auditors issued an unmodified opinion but included an Emphasis of Matter highlighting significant contingent liabilities including ₹15,481.72 crore from Karnataka's mineral tax bill, ₹6,690.75 crore from NMDC Steel Limited, ₹4,586.31 crore from RINL, and ₹1,623.44 crore and ₹1,620.50 crore from sub-judice legal matters.
NMDC delivered robust revenue growth and improved profitability driven by higher iron ore volumes and pricing. However, shareholders should monitor the substantial contingent liabilities, particularly the potential ₹15,481.72 crore Karnataka tax liability, which could significantly impact future financials if enacted. The company's positive cash flow from operations of ₹4,926.12 crore demonstrates strong operational efficiency.